Definitions of portfolio on the Web:

[My Dream]

In finance, a portfolio is a collection of investments held by an institution or a private individual. Holding a portfolio is part of an investment and risk-limiting strategy called diversification. By owning several assets, certain types of risk (in particular specific risk) can be reduced. The assets in the portfolio could include stocks, bonds, options, warants, gold certificates, real estate, futures contracts, production facilities, or any other item that is expected to retain its value.
en.wikipedia.org/wiki/Portfolio


When it refers to real estate, would that be considered investment real estate only, or primary residence?

Thanks

 

[brewer12345]

When it refers to real estate, would that be considered investment real estate only, or primary residence?

Thanks

Opinions differ here, but in the finance industry this usually refers to investment real estate only.

 

[mickeyd]

refers to investment real estate only.

I agree with brewer, however I would add REITs to the defination, including REIT mutual funds.

 

[kcowan]

In some discussions, extra discretionary RE value can be considered part of your investment strategy, e.g. there are 2 of you and you are happy in 1500 sq.ft. but you live in 3500 sq.ft. Because you could downsize happily, the "extra" RE Value (in the 2000 sq.ft.) is a discretionary investment for you. Of course you should discount the extra for selling/moving costs.